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Beijing hit back with its own tariffs and export restrictions after being subjected to levies by President Trump. Trade ...
Sellers and shoppers on the two sites say they saw items disappear and prices go up after President Donald Trump implemented ...
The Chinese-owned e-commerce site promoted so-called “local” products on its website after President Trump imposed a 10% ...
PDD-owned budget online retailer Temu and its rival Shein have relied on de minimis to maintain their rock bottom prices.
The end of de minimis could also dampen Temu and Shein's digital ad spending, as they look to "offset concerns on rising product costs," Bank of America analysts wrote Monday in a note to clients.
The U.S.-listed shares of Temu parent PDD Holdings finished higher Friday after the Trump administration pulled back on its ...
Temu has onboarded more sellers with U.S. inventory in recent years as lawmakers have zeroed in on the de minimis exemption.
HONG KONG (AP) — Americans are likely to pay more for products from popular Chinese e-commerce platforms like Shein and Temu ...
Chinese e-commerce sites have built their gargantuan business models around this exemption. The relaxed restrictions and tax exemptions on cheap products has allowed more than a billion packages to ...